“They tend to have exorbitant interest rates,” she says. “If you have a rainy day fund, you can draw on that resource instead of having to turn to a payday lender if you do run into hard times.”

Also, kick off the new year by requesting a free credit report to you can get your credit in check. Pay off bills as quickly as possible, and make sure you’re up to date with your bank’s overdraft fee policies.

And remember to set money side for the future.

“Contribute to your retirement plan, especially up to the amount your employer will match,” she says.